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Well Established Hardware, Paints, Timber, Key Cutting. For Sale

Central London, London, UK
Asking Price:
£75,000
Turnover:
£234,000
Net Profit:
Undisclosed

DOUBLE FRONTED PREMISES probably in the region of 600 sq. ft. area. Concrete floor. The equipment includes peg boarding, shelving, 2 paint machines, 2 key cutting machines, centre display gondola.

It will be appreciated upon inspection that the shop would probably benefit from being refitted.

LOCATION: Situated in a parade, excellent main road trading position, residential, office & commercial area, CENTRAL LONDON.

TURNOVER: WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering terrific potential for further increase in the right hands. Gross profit 40% approx.

STAFFING: The business is at present operated by the vendor with the assistance of 1 part time staff.

PRICE: TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£18,000 approx).

LOAN POSSIBLE TO AN APPROVED APPLICANT

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold